Tag Archives: Infrastructure Maintenance Trust Fund

Will Year 2 of gas tax credit be as unpopular as the first?

March 13, 2020

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By RICK BRUNDRETT A state agency is again predicting that S.C. taxpayers will claim the maximum-allowed amount of income tax credits to offset the gas tax hike, though the first official estimate was way off the mark. For last year’s income tax filings, the S.C. Revenue and Fiscal Affairs (RFA) Office projected that a total […]

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SCDOT still sitting on huge gas-tax-hike surpluses; few major projects completed

November 20, 2019

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By RICK BRUNDRETT For the fiscal year that starts next July 1, the state Department of Transportation wants renewed authority to spend surplus money – at least that’s what the agency requested as part of its proposed 2020-21 budget. As of June 30 of this year, the department had $1 billion in “other” fund reserves, […]

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No bad bridges fixed under gas-tax-hike law, slow progress with other funds

June 12, 2019

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By RICK BRUNDRETT The state transportation department hasn’t replaced one bad bridge with gas-tax-hike revenues collected for nearly two years – despite promises by lawmakers that the money would be used to fix South Carolina’s crumbling roads and bridges. And the Department of Transportation has completed relatively few bridge projects in recent years with other […]

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No significant road projects completed in 26 S.C. counties, despite gas tax hike

May 3, 2019

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  By RICK BRUNDRETT Through March, the S.C. Department of Transportation had completed no road reconstruction or significant repaving projects in more than half of the state’s counties with revenues generated under the gas-tax-hike law that took effect nearly two years ago, newly released DOT records show. The balance in the state “Infrastructure Maintenance Trust […]

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Big chunk of gas-tax-hike money not going to major road, bridge repairs

January 25, 2019

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road construction ahead

By RICK BRUNDRETT Last June, S.C. Department of Transportation commissioner Robert “Robby” Robbins questioned agency head Christy Hall whether the worst roads in the state were being fixed. “I want a system-wide analysis of which roads are the worst, and I want money to go there first … and I don’t think we are doing […]

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Bill would divert gas-tax-hike money to interstate widening projects

December 20, 2018

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  By RICK BRUNDRETT A proposal by a longtime S.C. senator would siphon millions from a main source of gas-tax-hike revenues that lawmakers promised would go toward fixing the state’s crumbling roads and bridges, and instead earmark that money for widening interstates. It also could be a way around what the state transportation chief previously […]

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Pot of unspent gas-tax-hike revenues grows to nearly $361 million

December 3, 2018

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By RICK BRUNDRETT As of the end of October, nearly $361 million in collected gas-tax-hike revenues had not been spent – 16 months after the law authorizing the increases went into effect, recently released records show. The $360.9 million balance represented about 45 percent of the $802.2 million in “project commitments” identified by the state […]

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More than $338 million in gas-tax-hike funds unspent as of end of September

November 14, 2018

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By RICK BRUNDRETT In the first 15 months of the gas-tax-hike law, the S.C. Department of Transportation spent less than 7 percent of the nearly $400 million in collected revenues that lawmakers promised would go toward fixing deteriorating roads and bridges statewide, according to recently released records. As of Sept. 30, about $25.7 million, or […]

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$312 million in gas-tax-hike funds unspent through August

October 10, 2018

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By RICK BRUNDRETT As of Aug. 31, the state of South Carolina was sitting on nearly $312 million in revenues from the gas-tax-hike law that took effect more than 15 months ago – despite promises from lawmakers that the money would go toward fixing crumbling roads. Newly released records from the S.C. Department of Transportation […]

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First 13 months of gas-tax-hike law: Little spent, roads not fixed

September 27, 2018

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By RICK BRUNDRETT The S.C. Department of Transportation continues to sit on most of the hundreds of millions of dollars collected since the gas-tax-hike law went into effect nearly 15 months ago. Less than $9 million, or 2.7 percent, of the $324.2 million collected between July 1, 2017, and July 31 of this year was […]

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